Uncovering the Iceberg of Financial Advice
We can all agree that the costs of providing financial advice have risen significantly over recent years. An article from Rod Bertino at Business Health mentioned average ongoing fees at $3,558 per annum in the current advice landscape. I see many practices going through the exercise of re-evaluating their cost-to-serve, factoring in current overheads and […]
Australia’s Reliance on China
In 2007 China displaced Japan as Australia’s largest trading partner. In 2009 it became Australia’s largest export market, and in 2017-2018 we sold A$123.3 billion worth of goods and services to China – 30.6% of our total exports. In comparison Japan, still our second most important market, only took 12.7% of our exports. On the […]
5 Tips for Starting Your Own Successful Business
Some people’s dream is to nurture a business idea through to success. Calling the shots, working their preferred hours and achieving financial independence fires their dream. Many people have a great idea but are overwhelmed when they look to turn their idea into a thriving business. Here are 5 tips for translating your dream into […]
The US Influence on Australian Shares
There’s an old saying in investment circles: ‘when Wall Street sneezes, the rest of the world catches a cold’. That’s not surprising. The New York Stock Exchange is by far the world’s largest, so what happens there is bound to be noticed by stock exchanges everywhere, including Australia. It works on the upside too. A […]